{"id":287356,"date":"2019-08-16T07:26:41","date_gmt":"2019-08-16T07:26:41","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=287356"},"modified":"2019-08-16T07:26:41","modified_gmt":"2019-08-16T07:26:41","slug":"ongc-q1-net-profit-dips-3-9-on-lower-oil-price-production","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ongc-q1-net-profit-dips-3-9-on-lower-oil-price-production\/","title":{"rendered":"ONGC Q1 net profit dips 3.9% on lower oil price, production"},"content":{"rendered":"<p>NEW DELHI: State-owned Oil and Natural Gas Corp (ONGC) on Tuesday reported a 3.9% decline in net profit for June quarter as it faced a double whammy of falling oil prices and declining production.<\/p>\n<p>Net profit during April-June stood at \u20b95,904 crore, 3.9 per cent lower than \u20b96,144 crore in the year-ago period, the company said in a statement.<\/p>\n<p>Revenue fell 2.4% to \u20b926,555 crore.<\/p>\n<p>ONGC got $66.30 for every barrel of crude oil produced and sold, down 7.3% from $71.49 a barrel net realisation in April-June 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: State-owned Oil and Natural Gas Corp (ONGC) on Tuesday reported a 3.9% decline in net profit for June quarter as it faced a double whammy of falling oil prices and declining production. Net profit during April-June stood at \u20b95,904 crore, 3.9 per cent lower than \u20b96,144 crore in the year-ago period, the company said in a statement. Revenue fell 2.4% to \u20b926,555 crore. ONGC got $66.30 for every barrel of crude oil produced and sold, down 7.3% from $71.49 a barrel net realisation in April-June 2018.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-287356","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=287356"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287356\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=287356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=287356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=287356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}